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Housing starts for May 2025
OTTAWA, ON, June 16, 2025 /CNW/ - The six-month trend in housing starts was flat (0.8%) in May (243,407 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. The total monthly SAAR of housing starts for all areas in Canada was also flat (-0.2%) in May (279,510 units) compared to April (280,181 units). Actual housing starts were up 9% year-over-year in centres with a population of 10,000 or greater, with 23,745 units recorded in May, compared to 21,814 units in May 2024. The year-to-date total was 90,767 up 1% from the same period in 2024. "Growth in actual starts activity in May was once again driven by increases of single-detached homes and purpose-built rentals in Québec and the Prairie provinces. By contrast, weak condominium market conditions in Toronto and Vancouver have contributed to significant declines in overall housing starts in these regions, in line with our recent analysis on these markets,'' said Tania Bourassa-Ochoa, CMHC's Deputy Chief Economist. Key Facts: New housing starts revisions data: In Q3 2024, revisions totaled a net positive 87 units on an original total housing starts of 58,439 units. In Q4 2024, housing starts revisions totaled a net positive 17 units on an original total housing starts of 58,934 units. Housing starts revisions cover all urban centres of 10,000 population or more, reported at the Census Subdivision level on a quarterly basis. The monthly SAAR for Canada's centres with a population of 10,000 or greater was flat in May (259,804 units) compared to April (259,916 units). The rural starts monthly SAAR estimate was 19,706 units. Among Canada's big three cities, Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Vancouver recorded a 10% decrease in starts this month, driven primarily by lower multi-unit starts. A decrease in multi-unit starts also drove the 22% year-over-year decrease in Toronto's housing starts compared to May 2024. Monthly Housing Starts and Other Construction Data are accessible in English and French on our website and the CMHC Housing Market Information Portal. Housing starts data is available on the eleventh business day each month. We will release the June housing starts data on July 15 at 8:15 AM ET. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and to obtain a clearer picture of upcoming new housing supply. In some situations, analyzing only SAAR data can be misleading, as the multi-unit segment largely drives the market and can vary significantly from one month to the next. Read about our definitions and methodology to better understand the foundations of the Starts and Completions and Market Absorption surveys. Housing starts facilitate the analysis of monthly, quarterly, and year-over-year activity in the new home market. The data we collect as part of our Starts and Completions and Market Absorption surveys helps us obtain a clearer picture of upcoming new housing supply and is used as part of our various housing reports. CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada's housing finance system. Our mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. We actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility. Follow us on X (formerly Twitter), YouTube, LinkedIn, Facebook and Instagram. Related Links: Housing starts for April 2025 2025 Housing Market Outlook Condominium Apartment Market Risks in Toronto and Vancouver Solving the housing crisis is a marathon not a sprint High housing costs making it harder to move for jobs many are seeking Canada's potential capacity for housing construction Table 2 Housing Start Data in Centres 10,000 Population and OverJanuary - May 2024 - 2025 AreaSingle-Detached All Others Total Province 2024 2025 % 2024 2025 % 2024 2025 % N.L.158 195 23 67 139 107 225 334 48 P.E.I. 66 97 47 414 393 -5 480 490 2 N.S. 514 427 -17 2,685 2,752 2 3,199 3,179 -1 N.B. 220 209 -5 1,262 1,167 -8 1,482 1,376 -7 Atlantic958 928 -3 4,428 4,451 1 5,386 5,379 0 Que. 1,520 1,639 8 12,664 19,633 55 14,184 21,272 50 Ont. 4,358 3,308 -24 26,332 18,524 -30 30,690 21,832 -29 Man. 613 883 44 1,241 1,641 32 1,854 2,524 36 Sask. 370 639 73 775 1,750 126 1,145 2,389 109 Alta. 5,363 6,376 19 12,355 16,136 31 17,718 22,512 27 Prairies6,346 7,898 24 14,371 19,527 36 20,717 27,425 32 B.C. 1,630 1,433 -12 17,314 13,426 -22 18,944 14,859 -22 Canada14,812 15,206 3 75,109 75,561 1 89,921 90,767 1 Metropolitan AreasAbbotsford-Mission 71 58 -18 442 902 104 513 960 87 Barrie164 45 -73 89 121 36 253 166 -34 Belleville - Quinte West68 43 -37 83 165 99 151 208 38 Brantford87 104 20 13 933 ## 100 1,037 ## Calgary2,624 2,969 13 6,588 9,443 43 9,212 12,412 35 Chilliwack58 54 -7 156 241 54 214 295 38 Drummondville55 91 65 176 337 91 231 428 85 Edmonton2,221 2,798 26 4,752 5,381 13 6,973 8,179 17 Fredericton63 46 -27 71 234 230 134 280 109 Greater/Grand Sudbury38 15 -61 24 74 208 62 89 44 Guelph18 8 -56 134 25 -81 152 33 -78 Halifax276 266 -4 2,455 2,555 4 2,731 2,821 3 Hamilton128 74 -42 882 691 -22 1,010 765 -24 Kamloops54 46 -15 104 110 6 158 156 -1 Kelowna118 105 -11 1,986 1,047 -47 2,104 1,152 -45 Kingston65 62 -5 59 218 269 124 280 126 Kitchener-Cambridge-Waterloo167 116 -31 889 1,055 19 1,056 1,171 11 Lethbridge89 124 39 168 180 7 257 304 18 London187 169 -10 1,328 251 -81 1,515 420 -72 Moncton64 66 3 797 809 2 861 875 2 Montréal397 468 18 6,014 9,495 58 6,411 9,963 55 Nanaimo66 33 -50 566 123 -78 632 156 -75 Oshawa190 105 -45 622 146 -77 812 251 -69 Ottawa-Gatineau 600 635 6 3,080 4,604 49 3,680 5,239 42 Gatineau129 97 -25 1,246 1,015 -19 1,375 1,112 -19 Ottawa471 538 14 1,834 3,589 96 2,305 4,127 79 Peterborough36 22 -39 16 3 -81 52 25 -52 Québec203 286 41 2,556 3,924 54 2,759 4,210 53 Red Deer27 48 78 242 197 -19 269 245 -9 Regina74 131 77 467 721 54 541 852 57 Saguenay87 84 -3 88 201 128 175 285 63 St. Catharines-Niagara328 160 -51 484 468 -3 812 628 -23 Saint John48 54 13 244 77 -68 292 131 -55 St. John's132 183 39 61 135 121 193 318 65 Saskatoon269 471 75 304 968 218 573 1,439 151 Sherbrooke106 91 -14 373 435 17 479 526 10 Thunder Bay14 14 - 32 31 -3 46 45 -2 Toronto1,465 1,105 -25 18,217 9,769 -46 19,682 10,874 -45 Trois-Rivières54 71 31 406 539 33 460 610 33 Vancouver757 754 0 11,754 8,938 -24 12,511 9,692 -23 Victoria121 83 -31 1,451 1,296 -11 1,572 1,379 -12 Windsor105 108 3 597 139 -77 702 247 -65 Winnipeg520 794 53 1,171 1,481 26 1,691 2,275 35 Total12,214 12,959 6 69,941 68,462 -2 82,155 81,421 -1 1Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census CMHC Starts and Completion Survey, Market Absorption SurveyHousing Start Data in Centres 10,000 Population and Over Single-Detached All Others Total May 2024 May 2025 % May 2024 May 2025 % May 2024 May 2025 % Provinces (10,000+)N.-L. 52 68 31 14 33 136 66 101 53 P.E.I. 34 30 -12 100 8 -92 134 38 -72 N.S. 116 103 -11 546 580 6 662 683 3 N.B. 104 92 -12 534 439 -18 638 531 -17 Atlantic 306 293 -4 1,194 1,060 -11 1,500 1,353 -10 Qc 470 478 2 4,328 6,244 44 4,798 6,722 40 Ont. 1,165 901 -23 6,091 4,816 -21 7,256 5,717 -21 Man. 134 193 44 94 512 445 228 705 ## Sask. 113 185 64 39 280 ## 152 465 ## Alta. 1,328 1,503 13 2,820 4,260 51 4,148 5,763 39 Prairies 1,575 1,881 19 2,953 5,052 71 4,528 6,933 53 B.C. 396 336 -15 3,336 2,684 -20 3,732 3,020 -19 Canada (10,000+) 3,912 3,889 -1 17,902 19,856 11 21,814 23,745 9 Metropolitan AreasAbbotsford-Mission 16 18 13 125 45 -64 141 63 -55 Barrie 27 24 -11 60 23 -62 87 47 -46 Belleville - Quinte West 18 11 -39 4 0 ### 22 11 -50 Brantford 26 16 -38 0 353 ## 26 369 ## Calgary 617 641 4 1,379 2,398 74 1,996 3,039 52 Chilliwack 13 16 23 13 4 -69 26 20 -23 Drummondville 13 19 46 61 83 36 74 102 38 Edmonton 577 706 22 1,253 1,517 21 1,830 2,223 21 Fredericton 32 21 -34 64 109 70 96 130 35 Greater/Grand Sudbury ... 6 7 17 22 69 214 28 76 ## Guelph 8 1 -88 0 18 ## 8 19 ## Halifax 60 56 -7 466 488 5 526 544 3 Hamilton 21 19 -10 429 66 -85 450 85 -81 Kamloops 21 5 -76 87 4 -95 108 9 -92 Kelowna 32 33 3 1,020 379 -63 1,052 412 -61 Kingston 10 15 50 20 2 -90 30 17 -43 Kitchener-Cambridge-Waterloo 37 20 -46 30 37 23 67 57 -15 Lethbridge 39 42 8 19 38 100 58 80 38 London 58 27 -53 99 26 -74 157 53 -66 Moncton 28 36 29 367 262 -29 395 298 -25 Montréal 143 121 -15 2,259 2,556 13 2,402 2,677 11 Nanaimo 15 4 -73 12 18 50 27 22 -19 Oshawa 87 41 -53 82 44 -46 169 85 -50 Ottawa-Gatineau 194 113 -42 1,344 933 -31 1,538 1,046 -32 Gatineau 44 30 -32 776 389 -50 820 419 -49 Ottawa 150 83 -45 568 544 -4 718 627 -13 Peterborough 7 4 -43 2 0 ### 9 4 -56 Québec 54 93 72 587 1,952 233 641 2,045 ## Red Deer 7 8 14 5 180 ## 12 188 ## Regina 21 32 52 17 28 65 38 60 58 Saguenay 25 26 4 11 50 355 36 76 ## St. Catharines-Niagara 117 60 -49 186 78 -58 303 138 -54 Saint John 23 20 -13 26 50 92 49 70 43 St. John's 43 62 44 11 30 173 54 92 70 Saskatoon 86 145 69 22 249 ## 108 394 ## Sherbrooke 32 21 -34 90 55 -39 122 76 -38 Thunder Bay 11 9 -18 2 11 450 13 20 54 Toronto 290 310 7 4,190 3,202 -24 4,480 3,512 -22 Trois-Rivières 29 21 -28 129 313 143 158 334 ## Vancouver 182 180 -1 1,789 1,593 -11 1,971 1,773 -10 Victoria 28 14 -50 122 362 197 150 376 ## Windsor 31 33 6 86 31 -64 117 64 -45 Winnipeg 106 174 64 81 499 ## 187 673 ## Total 3,190 3,224 1 16,571 18,155 10 19,761 21,379 8 Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions. Source: CMHC Starts and Completion Survey, Market Absorption Survey## not calculable / extreme valueHousing Start Data - Seasonally Adjusted at Annual Rates (SAAR)Single-Detached All Others TotalApril 2025 May 2025 % April 2025 May 2025 % April 2025 May 2025 % Provinces (10,000+)N.L. 808 773 -4 703 367 -48 1,511 1,140 -25 P.E.I. 314 230 -27 1,656 96 -94 1,970 326 -83 N.S. 1,435 1,407 -2 10,771 6,916 -36 12,206 8,323 -32 N.B. 811 980 21 1,592 5,031 216 2,403 6,011 150 Qc 4,706 4,538 -4 46,937 56,759 21 51,643 61,297 19 Ont. 10,275 10,066 -2 54,112 56,115 4 64,387 66,181 3 Man. 2,789 2,332 -16 2,712 6,144 127 5,501 8,476 54 Sask. 1,699 1,960 15 5,760 3,360 -42 7,459 5,320 -29 Alta. 18,208 16,575 -9 43,503 50,511 16 61,711 67,086 9 B.C. 3,595 3,657 2 47,530 31,987 -33 51,125 35,644 -30 Canada (10,000+) 44,640 42,518 -5 215,276 217,286 1 259,916 259,804 0 Canada (All Areas) 58,609 55,161 -6 221,572 224,350 1 280,181 279,510 0 Metropolitan Areas Abbotsford-Mission 51 138 ## 2,424 540 -78 2,475 678 -73 Barrie 47 269 ## 408 276 -32 455 545 20 Belleville - Quinte West 157 97 -38 0 0 - 157 97 -38 Brantford 384 0 ## 3,228 4,236 31 3,612 4,236 17 Calgary 9,215 7,185 -22 27,372 28,776 5 36,587 35,961 -2 Chilliwack 70 181 ## 70 48 -31 1,522 229 -85 Drummondville 261 210 -20 684 996 46 945 1,206 28 Edmonton 7,275 7,385 2 15,084 18,204 21 22,359 25,589 14 Fredericton 221 242 10 0 1,308 ## 221 1,550 ## Greater/Grand Sudbury 56 87 55 0 828 ## 56 915 ## Guelph 51 2 -96 72 216 200 123 218 77 Halifax 698 797 14 10,320 5,856 -43 11,018 6,653 -40 Hamilton 359 217 -40 2,148 792 -63 2,507 1,009 -60 Kamloops 55 46 -16 48 48 - 103 94 -9 Kelowna 232 366 58 2,124 4,548 114 2,356 4,914 109 Kingston 233 226 -3 396 24 -94 629 250 -60 Kitchener-Cambridge-Waterloo 343 238 -31 2,748 444 -84 3,091 682 -78 Lethbridge 280 496 77 240 456 90 520 952 83 London 646 276 -57 360 312 -13 1,006 588 -42 Moncton 229 290 27 1,512 3,144 108 1,741 3,434 97 Montréal 1,311 1,241 -5 21,593 30,375 41 22,904 31,616 38 Nanaimo 84 41 -51 216 216 - 300 257 -14 Oshawa 387 356 -8 420 528 26 807 884 10 Ottawa-Gatineau 2,117 1,155 -45 16,968 11,196 -34 19,085 12,351 -35 Gatineau 369 341 -8 1,476 4,668 216 1,845 5,009 171 Ottawa 1,748 814 -53 15,492 6,528 -58 17,240 7,342 -57 Peterborough 15 74 ## 0 0 - 15 74 393 Québec 659 952 44 7,452 23,424 214 8,111 24,376 201 Red Deer 147 95 -35 0 2,160 ## 147 2,255 ## Regina 278 390 40 3,144 336 -89 3,422 726 -79 Saguenay 284 249 -12 156 600 285 440 849 93 St. Catharines-Niagara 286 407 42 672 936 39 958 1,343 40 Saint John 168 196 17 12 600 ## 180 796 342 St. John's 721 663 -8 648 360 -44 1,369 1,023 -25 Saskatoon 1,231 1,462 19 2,580 2,988 16 3,811 4,450 17 Sherbrooke 357 225 -37 1,944 660 -66 2,301 885 -62 Thunder Bay 108 108 - 0 132 ## 108 240 122 Toronto 3,565 4,478 26 24,492 38,424 57 28,057 42,902 53 Trois-Rivières 188 141 -25 804 3,756 367 992 3,897 293 Vancouver 1,838 1,978 8 34,968 19,116 -45 36,806 21,094 -43 Victoria 211 170 -19 4,452 4,344 -2 4,663 4,514 -3 Windsor 352 404 15 420 372 -11 772 776 1 Winnipeg 2,527 2,026 -20 2,388 5,988 151 4,915 8,014 63 Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions. Source: CMHC Starts and Completion Survey, Market Absorption Survey## not calculable / extreme value SOURCE Canada Mortgage and Housing Corporation (CMHC) View original content to download multimedia:
Cision Canada
10 hours ago
- Business
- Cision Canada
Housing starts for May 2025 Français
OTTAWA, ON, June 16, 2025 /CNW/ - The six-month trend in housing starts was flat (0.8%) in May (243,407 units), according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. The total monthly SAAR of housing starts for all areas in Canada was also flat (-0.2%) in May (279,510 units) compared to April (280,181 units). Actual housing starts were up 9% year-over-year in centres with a population of 10,000 or greater, with 23,745 units recorded in May, compared to 21,814 units in May 2024. The year-to-date total was 90,767 up 1% from the same period in 2024. "Growth in actual starts activity in May was once again driven by increases of single-detached homes and purpose-built rentals in Québec and the Prairie provinces. By contrast, weak condominium market conditions in Toronto and Vancouver have contributed to significant declines in overall housing starts in these regions, in line with our recent analysis on these markets,'' said Tania Bourassa-Ochoa, CMHC's Deputy Chief Economist. Key Facts: New housing starts revisions data: In Q3 2024, revisions totaled a net positive 87 units on an original total housing starts of 58,439 units. In Q4 2024, housing starts revisions totaled a net positive 17 units on an original total housing starts of 58,934 units. Housing starts revisions cover all urban centres of 10,000 population or more, reported at the Census Subdivision level on a quarterly basis. The monthly SAAR for Canada's centres with a population of 10,000 or greater was flat in May (259,804 units) compared to April (259,916 units). The rural starts monthly SAAR estimate was 19,706 units. Among Canada's big three cities, Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Vancouver recorded a 10% decrease in starts this month, driven primarily by lower multi-unit starts. A decrease in multi-unit starts also drove the 22% year-over-year decrease in Toronto's housing starts compared to May 2024. Monthly Housing Starts and Other Construction Data are accessible in English and French on our website and the CMHC Housing Market Information Portal. Housing starts data is available on the eleventh business day each month. We will release the June housing starts data on July 15 at 8:15 AM ET. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and to obtain a clearer picture of upcoming new housing supply. In some situations, analyzing only SAAR data can be misleading, as the multi-unit segment largely drives the market and can vary significantly from one month to the next. Read about our definitions and methodology to better understand the foundations of the Starts and Completions and Market Absorption surveys. Housing starts facilitate the analysis of monthly, quarterly, and year-over-year activity in the new home market. The data we collect as part of our Starts and Completions and Market Absorption surveys helps us obtain a clearer picture of upcoming new housing supply and is used as part of our various housing reports. CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada's housing finance system. Our mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. We actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility. Table 2 Housing Start Data in Centres 10,000 Population and Over January - May 2024 - 2025 Area Single-Detached All Others Total Province 2024 2025 % 2024 2025 % 2024 2025 % N.L. 158 195 23 67 139 107 225 334 48 P.E.I. 66 97 47 414 393 -5 480 490 2 N.S. 514 427 -17 2,685 2,752 2 3,199 3,179 -1 N.B. 220 209 -5 1,262 1,167 -8 1,482 1,376 -7 Atlantic 958 928 -3 4,428 4,451 1 5,386 5,379 0 Que. 1,520 1,639 8 12,664 19,633 55 14,184 21,272 50 Ont. 4,358 3,308 -24 26,332 18,524 -30 30,690 21,832 -29 Man. 613 883 44 1,241 1,641 32 1,854 2,524 36 Sask. 370 639 73 775 1,750 126 1,145 2,389 109 Alta. 5,363 6,376 19 12,355 16,136 31 17,718 22,512 27 Prairies 6,346 7,898 24 14,371 19,527 36 20,717 27,425 32 B.C. 1,630 1,433 -12 17,314 13,426 -22 18,944 14,859 -22 Canada 14,812 15,206 3 75,109 75,561 1 89,921 90,767 1 Metropolitan Areas Abbotsford-Mission 71 58 -18 442 902 104 513 960 87 Barrie 164 45 -73 89 121 36 253 166 -34 Belleville - Quinte West 68 43 -37 83 165 99 151 208 38 Brantford 87 104 20 13 933 ## 100 1,037 ## Calgary 2,624 2,969 13 6,588 9,443 43 9,212 12,412 35 Chilliwack 58 54 -7 156 241 54 214 295 38 Drummondville 55 91 65 176 337 91 231 428 85 Edmonton 2,221 2,798 26 4,752 5,381 13 6,973 8,179 17 Fredericton 63 46 -27 71 234 230 134 280 109 Greater/Grand Sudbury 38 15 -61 24 74 208 62 89 44 Guelph 18 8 -56 134 25 -81 152 33 -78 Halifax 276 266 -4 2,455 2,555 4 2,731 2,821 3 Hamilton 128 74 -42 882 691 -22 1,010 765 -24 Kamloops 54 46 -15 104 110 6 158 156 -1 Kelowna 118 105 -11 1,986 1,047 -47 2,104 1,152 -45 Kingston 65 62 -5 59 218 269 124 280 126 Kitchener-Cambridge-Waterloo 167 116 -31 889 1,055 19 1,056 1,171 11 Lethbridge 89 124 39 168 180 7 257 304 18 London 187 169 -10 1,328 251 -81 1,515 420 -72 Moncton 64 66 3 797 809 2 861 875 2 Montréal 397 468 18 6,014 9,495 58 6,411 9,963 55 Nanaimo 66 33 -50 566 123 -78 632 156 -75 Oshawa 190 105 -45 622 146 -77 812 251 -69 Ottawa-Gatineau 600 635 6 3,080 4,604 49 3,680 5,239 42 Gatineau 129 97 -25 1,246 1,015 -19 1,375 1,112 -19 Ottawa 471 538 14 1,834 3,589 96 2,305 4,127 79 Peterborough 36 22 -39 16 3 -81 52 25 -52 Québec 203 286 41 2,556 3,924 54 2,759 4,210 53 Red Deer 27 48 78 242 197 -19 269 245 -9 Regina 74 131 77 467 721 54 541 852 57 Saguenay 87 84 -3 88 201 128 175 285 63 St. Catharines-Niagara 328 160 -51 484 468 -3 812 628 -23 Saint John 48 54 13 244 77 -68 292 131 -55 St. John's 132 183 39 61 135 121 193 318 65 Saskatoon 269 471 75 304 968 218 573 1,439 151 Sherbrooke 106 91 -14 373 435 17 479 526 10 Thunder Bay 14 14 - 32 31 -3 46 45 -2 Toronto 1,465 1,105 -25 18,217 9,769 -46 19,682 10,874 -45 Trois-Rivières 54 71 31 406 539 33 460 610 33 Vancouver 757 754 0 11,754 8,938 -24 12,511 9,692 -23 Victoria 121 83 -31 1,451 1,296 -11 1,572 1,379 -12 Windsor 105 108 3 597 139 -77 702 247 -65 Winnipeg 520 794 53 1,171 1,481 26 1,691 2,275 35 Total 12,214 12,959 6 69,941 68,462 -2 82,155 81,421 -1 1Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions. Source: CMHC Starts and Completion Survey, Market Absorption Survey Housing Start Data in Centres 10,000 Population and Over Single-Detached All Others Total May 2024 May 2025 % May 2024 May 2025 % May 2024 May 2025 % Provinces (10,000+) N.-L. 52 68 31 14 33 136 66 101 53 P.E.I. 34 30 -12 100 8 -92 134 38 -72 N.S. 116 103 -11 546 580 6 662 683 3 N.B. 104 92 -12 534 439 -18 638 531 -17 Atlantic 306 293 -4 1,194 1,060 -11 1,500 1,353 -10 Qc 470 478 2 4,328 6,244 44 4,798 6,722 40 Ont. 1,165 901 -23 6,091 4,816 -21 7,256 5,717 -21 Man. 134 193 44 94 512 445 228 705 ## Sask. 113 185 64 39 280 ## 152 465 ## Alta. 1,328 1,503 13 2,820 4,260 51 4,148 5,763 39 Prairies 1,575 1,881 19 2,953 5,052 71 4,528 6,933 53 B.C. 396 336 -15 3,336 2,684 -20 3,732 3,020 -19 Canada (10,000+) 3,912 3,889 -1 17,902 19,856 11 21,814 23,745 9 Metropolitan Areas Abbotsford-Mission 16 18 13 125 45 -64 141 63 -55 Barrie 27 24 -11 60 23 -62 87 47 -46 Belleville - Quinte West 18 11 -39 4 0 ### 22 11 -50 Brantford 26 16 -38 0 353 ## 26 369 ## Calgary 617 641 4 1,379 2,398 74 1,996 3,039 52 Chilliwack 13 16 23 13 4 -69 26 20 -23 Drummondville 13 19 46 61 83 36 74 102 38 Edmonton 577 706 22 1,253 1,517 21 1,830 2,223 21 Fredericton 32 21 -34 64 109 70 96 130 35 Greater/Grand Sudbury 6 7 17 22 69 214 28 76 ## Guelph 8 1 -88 0 18 ## 8 19 ## Halifax 60 56 -7 466 488 5 526 544 3 Hamilton 21 19 -10 429 66 -85 450 85 -81 Kamloops 21 5 -76 87 4 -95 108 9 -92 Kelowna 32 33 3 1,020 379 -63 1,052 412 -61 Kingston 10 15 50 20 2 -90 30 17 -43 Kitchener-Cambridge-Waterloo 37 20 -46 30 37 23 67 57 -15 Lethbridge 39 42 8 19 38 100 58 80 38 London 58 27 -53 99 26 -74 157 53 -66 Moncton 28 36 29 367 262 -29 395 298 -25 Montréal 143 121 -15 2,259 2,556 13 2,402 2,677 11 Nanaimo 15 4 -73 12 18 50 27 22 -19 Oshawa 87 41 -53 82 44 -46 169 85 -50 Ottawa-Gatineau 194 113 -42 1,344 933 -31 1,538 1,046 -32 Gatineau 44 30 -32 776 389 -50 820 419 -49 Ottawa 150 83 -45 568 544 -4 718 627 -13 Peterborough 7 4 -43 2 0 ### 9 4 -56 Québec 54 93 72 587 1,952 233 641 2,045 ## Red Deer 7 8 14 5 180 ## 12 188 ## Regina 21 32 52 17 28 65 38 60 58 Saguenay 25 26 4 11 50 355 36 76 ## St. Catharines-Niagara 117 60 -49 186 78 -58 303 138 -54 Saint John 23 20 -13 26 50 92 49 70 43 St. John's 43 62 44 11 30 173 54 92 70 Saskatoon 86 145 69 22 249 ## 108 394 ## Sherbrooke 32 21 -34 90 55 -39 122 76 -38 Thunder Bay 11 9 -18 2 11 450 13 20 54 Toronto 290 310 7 4,190 3,202 -24 4,480 3,512 -22 Trois-Rivières 29 21 -28 129 313 143 158 334 ## Vancouver 182 180 -1 1,789 1,593 -11 1,971 1,773 -10 Victoria 28 14 -50 122 362 197 150 376 ## Windsor 31 33 6 86 31 -64 117 64 -45 Winnipeg 106 174 64 81 499 ## 187 673 ## Total 3,190 3,224 1 16,571 18,155 10 19,761 21,379 8 Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions. Source: CMHC Starts and Completion Survey, Market Absorption Survey ## not calculable / extreme value Housing Start Data - Seasonally Adjusted at Annual Rates (SAAR) Single-Detached All Others Total April 2025 May 2025 % April 2025 May 2025 % April 2025 May 2025 % Provinces (10,000+) N.L. 808 773 -4 703 367 -48 1,511 1,140 -25 P.E.I. 314 230 -27 1,656 96 -94 1,970 326 -83 N.S. 1,435 1,407 -2 10,771 6,916 -36 12,206 8,323 -32 N.B. 811 980 21 1,592 5,031 216 2,403 6,011 150 Qc 4,706 4,538 -4 46,937 56,759 21 51,643 61,297 19 Ont. 10,275 10,066 -2 54,112 56,115 4 64,387 66,181 3 Man. 2,789 2,332 -16 2,712 6,144 127 5,501 8,476 54 Sask. 1,699 1,960 15 5,760 3,360 -42 7,459 5,320 -29 Alta. 18,208 16,575 -9 43,503 50,511 16 61,711 67,086 9 B.C. 3,595 3,657 2 47,530 31,987 -33 51,125 35,644 -30 Canada (10,000+) 44,640 42,518 -5 215,276 217,286 1 259,916 259,804 0 Canada (All Areas) 58,609 55,161 -6 221,572 224,350 1 280,181 279,510 0 Metropolitan Areas Abbotsford-Mission 51 138 ## 2,424 540 -78 2,475 678 -73 Barrie 47 269 ## 408 276 -32 455 545 20 Belleville - Quinte West 157 97 -38 0 0 - 157 97 -38 Brantford 384 0 ## 3,228 4,236 31 3,612 4,236 17 Calgary 9,215 7,185 -22 27,372 28,776 5 36,587 35,961 -2 Chilliwack 70 181 ## 70 48 -31 1,522 229 -85 Drummondville 261 210 -20 684 996 46 945 1,206 28 Edmonton 7,275 7,385 2 15,084 18,204 21 22,359 25,589 14 Fredericton 221 242 10 0 1,308 ## 221 1,550 ## Greater/Grand Sudbury 56 87 55 0 828 ## 56 915 ## Guelph 51 2 -96 72 216 200 123 218 77 Halifax 698 797 14 10,320 5,856 -43 11,018 6,653 -40 Hamilton 359 217 -40 2,148 792 -63 2,507 1,009 -60 Kamloops 55 46 -16 48 48 - 103 94 -9 Kelowna 232 366 58 2,124 4,548 114 2,356 4,914 109 Kingston 233 226 -3 396 24 -94 629 250 -60 Kitchener-Cambridge-Waterloo 343 238 -31 2,748 444 -84 3,091 682 -78 Lethbridge 280 496 77 240 456 90 520 952 83 London 646 276 -57 360 312 -13 1,006 588 -42 Moncton 229 290 27 1,512 3,144 108 1,741 3,434 97 Montréal 1,311 1,241 -5 21,593 30,375 41 22,904 31,616 38 Nanaimo 84 41 -51 216 216 - 300 257 -14 Oshawa 387 356 -8 420 528 26 807 884 10 Ottawa-Gatineau 2,117 1,155 -45 16,968 11,196 -34 19,085 12,351 -35 Gatineau 369 341 -8 1,476 4,668 216 1,845 5,009 171 Ottawa 1,748 814 -53 15,492 6,528 -58 17,240 7,342 -57 Peterborough 15 74 ## 0 0 - 15 74 393 Québec 659 952 44 7,452 23,424 214 8,111 24,376 201 Red Deer 147 95 -35 0 2,160 ## 147 2,255 ## Regina 278 390 40 3,144 336 -89 3,422 726 -79 Saguenay 284 249 -12 156 600 285 440 849 93 St. Catharines-Niagara 286 407 42 672 936 39 958 1,343 40 Saint John 168 196 17 12 600 ## 180 796 342 St. John's 721 663 -8 648 360 -44 1,369 1,023 -25 Saskatoon 1,231 1,462 19 2,580 2,988 16 3,811 4,450 17 Sherbrooke 357 225 -37 1,944 660 -66 2,301 885 -62 Thunder Bay 108 108 - 0 132 ## 108 240 122 Toronto 3,565 4,478 26 24,492 38,424 57 28,057 42,902 53 Trois-Rivières 188 141 -25 804 3,756 367 992 3,897 293 Vancouver 1,838 1,978 8 34,968 19,116 -45 36,806 21,094 -43 Victoria 211 170 -19 4,452 4,344 -2 4,663 4,514 -3 Windsor 352 404 15 420 372 -11 772 776 1 Winnipeg 2,527 2,026 -20 2,388 5,988 151 4,915 8,014 63 Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions. Source: CMHC Starts and Completion Survey, Market Absorption Survey ## not calculable / extreme value
Associated Press
17-02-2025
- Business
- Associated Press
Housing starts for January 2025
OTTAWA, ON, Feb. 17, 2025 /CNW/ - The six-month trend in housing starts declined 2.5% in January to 236,892 units, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada. The total monthly SAAR of housing starts for all areas in Canada increased 3% in January (239,739 units) compared to December (232,492 units). Actual housing starts were up 7% year-over-year in centres with a population of 10,000 or greater, with 15,930 units recorded in January 2025, compared to 14,883 in January 2024. Quote: 'Both the monthly SAAR and actual housing starts increased in Canada's urban centres in January. This was primarily driven by an 8% increase in multi-unit starts, particularly purpose-built rentals concentrated in Quebec and British Columbia. While these increases show early signs of progress to begin the year, foreign trade risks add significant uncertainty for housing construction going forward,' said Tania Bourassa-Ochoa, CMHC's Deputy Chief Economist. 'In our recently released Housing Market Outlook, CMHC projected housing starts to slow down from 2025 to 2027, mainly due to decreases in condominium apartment starts.' Key Facts: The monthly SAAR for Canada's centres with a population of 10,000 or greater also increased 3% in January (220,643 units) compared to December (215,052 units). The rural starts monthly SAAR estimate was 19,096 units. Among Canada's three largest cities, Montreal posted a 112% year-over-year increase in actual housing starts in January while Vancouver recorded a 37% increase, both driven by higher multi-unit starts. Starts in Toronto fell 41% from January 2024, driven by decreases in multi-unit starts. Monthly Housing Starts and Other Construction Data are accessible in English and French on our website and the CMHC Housing Market Information Portal. Housing starts data is available on the 11th business day each month. February housing starts data will be released on March 17 at 8:15 AM ET. CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and to obtain a clearer picture of upcoming new housing supply. In some situations, analyzing only SAAR data can be misleading, as the multi-unit segment largely drives the market and can vary significantly from one month to the next. Read about our definitions and methodology to better understand the foundations of the Starts and Completions and Market Absorption surveys. Housing starts facilitate the analysis of monthly, quarterly, and year-over-year activity in the new home market. The data we collect as part of our Starts and Completions and Market Absorption surveys helps us obtain a clearer picture of upcoming new housing supply and is used as part of our various housing reports. CMHC plays a critical role as a national convenor to promote stability and sustainability in Canada's housing finance system. Our mortgage insurance products support access to home ownership and the creation and maintenance of rental supply. We actively support the Government of Canada in delivering on its commitment to make housing more affordable. Our research and data help inform housing policy. By facilitating cooperation between all levels of government, private and non-profit sectors, we contribute to advancing housing affordability, equity, and climate compatibility. Housing Start Data in Centres 10,000 Population and Over Single-Detached All Others Total January 2024 January 2025 % January 2024 January 2025 % January 2024 January 2025 % Provinces (10,000+) N.-L. 38 33 -13 36 23 -36 74 56 -24 P.E.I. 17 11 -35 67 188 181 84 199 ## N.S. 104 114 10 351 516 47 455 630 38 N.B. 28 30 7 215 48 -78 243 78 -68 Atlantic 187 188 1 669 775 16 856 963 13 Qc 237 256 8 2,347 3,749 60 2,584 4,005 55 Ont. 661 495 -25 5,073 3,575 -30 5,734 4,070 -29 Man. 110 145 32 191 251 31 301 396 32 Sask. 60 59 -2 157 139 -11 217 198 -9 Alta. 815 979 20 2,114 2,220 5 2,929 3,199 9 Prairies 985 1,183 20 2,462 2,610 6 3,447 3,793 10 B.C. 260 264 2 2,002 2,835 42 2,262 3,099 37 Canada (10,000+) 2,330 2,386 2 12,553 13,544 8 14,883 15,930 7 Metropolitan Areas Abbotsford-Mission 16 10 -38 78 280 259 94 290 ## Barrie 20 3 -85 8 18 125 28 21 -25 Belleville - Quinte West 7 6 -14 0 0 - 7 6 -14 Brantford 13 11 -15 0 242 ## 13 253 ## Calgary 487 552 13 1,464 1,077 -26 1,951 1,629 -17 Chilliwack 8 10 25 1 4 300 9 14 56 Drummondville 4 10 ## 1 18 ## 5 28 ## Edmonton 242 332 37 441 879 99 683 1,211 77 Fredericton 8 10 25 7 2 -71 15 12 -20 Greater/Grand Sudbury 0 2 ## 2 0 ### 2 2 - Guelph 2 1 -50 0 1 ## 2 2 - Halifax 51 60 18 289 451 56 340 511 50 Hamilton 47 13 -72 204 17 -92 251 30 -88 Kamloops 1 11 ## 1 8 ## 2 19 ## Kelowna 11 17 55 107 343 221 118 360 ## Kingston 9 4 -56 2 166 ## 11 170 ## Kitchener-Cambridge-Waterloo 14 17 21 167 179 7 181 196 8 Lethbridge 15 22 47 88 103 17 103 125 21 London 27 32 19 155 22 -86 182 54 -70 Moncton 5 8 60 95 8 -92 100 16 -84 Montréal 63 101 60 1,134 2,439 115 1,197 2,540 ## Nanaimo 27 4 -85 177 0 ### 204 4 -98 Oshawa 17 6 -65 312 0 ### 329 6 -98 Ottawa-Gatineau 93 103 11 308 685 122 401 788 97 Gatineau 11 12 9 181 310 71 192 322 68 Ottawa 82 91 11 127 375 195 209 466 ## Peterborough 5 6 20 0 0 - 5 6 20 Québec 25 38 52 538 488 -9 563 526 -7 Red Deer 5 16 ## 6 12 100 11 28 ## Regina 5 7 40 110 96 -13 115 103 -10 Saguenay 24 9 -63 18 48 167 42 57 36 St. Catharines-Niagara 57 28 -51 38 83 118 95 111 17 Saint John 9 7 -22 90 26 -71 99 33 -67 St. John's 34 30 -12 36 22 -39 70 52 -26 Saskatoon 51 49 -4 46 41 -11 97 90 -7 Sherbrooke 17 8 -53 67 53 -21 84 61 -27 Thunder Bay 0 3 ## 6 14 133 6 17 ## Toronto 281 219 -22 3,724 2,149 -42 4,005 2,368 -41 Trois-Rivières 9 11 22 88 40 -55 97 51 -47 Vancouver 121 141 17 1,342 1,866 39 1,463 2,007 37 Victoria 11 15 36 171 90 -47 182 105 -42 Windsor 11 13 18 196 31 -84 207 44 -79 Winnipeg 99 133 34 171 236 38 270 369 37 Total 1,951 2,078 7 11,688 12,237 5 13,639 14,315 5 Data for 2022 based on 2016 Census Definitions and data for 2023, 2024 and 2025 based on 2021 Census Definitions. Source: CMHC Starts and Completion Survey, Market Absorption Survey ## not calculable / extreme value Housing Start Data - Seasonally Adjusted at Annual Rates (SAAR) Single-Detached All Others Total December 2024 January 2025 % December 2024 January 2025 % December 2024 January 2025 % Provinces (10,000+) N.L. 633 707 12 566 274 -52 1,199 981 -18 P.E.I. 294 267 -9 984 2,256 129 1,278 2,523 97 N.S. 1,700 1,872 10 3,743 6,316 69 5,443 8,188 50 N.B. 806 964 20 4,022 785 -80 4,828 1,749 -64 Qc 5,854 5,961 2 35,910 52,399 46 41,764 58,360 40 Ont. 12,448 9,426 -24 50,988 47,571 -7 63,436 56,997 -10 Man. 1,656 2,081 26 3,228 3,012 -7 4,884 5,093 4 Sask. 1,508 1,289 -15 1,848 1,668 -10 3,356 2,957 -12 Alta. 16,208 16,918 4 27,197 27,901 3 43,405 44,819 3 B.C. 4,354 4,898 12 41,105 34,078 -17 45,459 38,976 -14 Canada (10,000+) 45,461 44,383 -2 169,591 176,260 4 215,052 220,643 3 Canada (All Areas) 57,284 57,299 0 175,207 182,443 4 232,492 239,739 3 Metropolitan Areas Abbotsford-Mission 187 193 3 1,404 3,360 139 1,591 3,553 123 Barrie 521 73 -86 6,576 216 -97 7,097 289 -96 Belleville - Quinte West 280 186 -34 60 0 ### 340 186 -45 Brantford 117 198 69 24 2,904 ## 141 3,102 ## Calgary 6,486 8,444 30 14,436 12,924 -10 20,922 21,368 2 Chilliwack 146 152 4 146 48 -67 1,178 200 -83 Drummondville 244 262 7 624 216 -65 868 478 -45 Edmonton 7,656 7,781 2 10,524 10,548 0 18,180 18,329 1 Fredericton 294 305 4 48 24 -50 342 329 -4 Greater/Grand Sudbury 127 104 -18 420 0 ### 547 104 -81 Guelph 96 21 -78 132 12 -91 228 33 -86 Halifax 749 1,030 38 3,000 5,412 80 3,749 6,442 72 Hamilton 423 220 -48 5,436 204 -96 5,859 424 -93 Kamloops 59 153 ## 24 96 300 83 249 200 Kelowna 135 396 ## 36 4,116 ## 171 4,512 ## Kingston 278 166 -40 5,412 1,992 -63 5,690 2,158 -62 Kitchener-Cambridge-Waterloo 349 428 23 7,632 2,148 -72 7,981 2,576 -68 Lethbridge 269 375 39 48 1,236 ## 317 1,611 408 London 630 624 -1 4,944 264 -95 5,574 888 -84 Moncton 283 412 46 3,252 96 -97 3,535 508 -86 Montréal 1,297 1,478 14 12,311 29,880 143 13,608 31,358 130 Nanaimo 111 66 -41 648 0 ### 759 66 -91 Oshawa 458 193 -58 48 0 ### 506 193 -62 Ottawa-Gatineau 2,691 2,358 -12 7,476 8,220 10 10,167 10,578 4 Gatineau 512 265 -48 2,184 3,720 70 2,696 3,985 48 Ottawa 2,179 2,093 -4 5,292 4,500 -15 7,471 6,593 -12 Peterborough 59 164 ## 0 0 - 59 164 178 Québec 230 781 ## 1,740 5,856 237 1,970 6,637 237 Red Deer 76 208 ## 60 144 140 136 352 159 Regina 243 208 -14 984 1,152 17 1,227 1,360 11 Saguenay 561 425 -24 1,224 576 -53 1,785 1,001 -44 St. Catharines-Niagara 384 475 24 288 996 246 672 1,471 119 Saint John 181 217 20 564 312 -45 745 529 -29 St. John's 436 478 10 348 264 -24 784 742 -5 Saskatoon 1,275 1,013 -21 864 492 -43 2,139 1,505 -30 Sherbrooke 450 129 -71 1,332 636 -52 1,782 765 -57 Thunder Bay 157 105 -33 0 168 ## 157 273 74 Toronto 4,066 3,341 -18 7,824 25,788 230 11,890 29,129 145 Trois-Rivières 181 154 -15 1,536 480 -69 1,717 634 -63 Vancouver 2,239 2,596 16 26,808 22,392 -16 29,047 24,988 -14 Victoria 393 299 -24 5,772 1,080 -81 6,165 1,379 -78 Windsor 649 286 -56 684 372 -46 1,333 658 -51 Winnipeg 1,494 1,792 20 1,944 2,832 46 3,438 4,624 34
